Conservative Prime Minister Theresa May is in a hard political predicament six days after she lost her parliamentary majority, leaving her seeking a deal with Northern Ireland's Democratic Unionists.
The Chancellor of the Exchequer will say at an annual address to bankers in London's financial district that the U.K.is in talks with EIB officials to ensure the institution continues to offer loans for infrastructure and other projects while Brexit talks are ongoing, according to excerpts of his prepared remarks released by his office in advance.
"We're ready on the European side".
She is also trying to contain outrage at home over a London tower block fire which left at least 30 people dead.
The Brexit Secretary said the talks would take place that week, but not necessarily on the Monday due to the clash with the Queen's Speech at Westminster.
In a separate interview, she said the talks with the Conservatives had covered corporation tax and same-sex marriage.
The Conservatives have 317 MPs while the DUP have 10.
Relatives Of London Fire Victims Unleash Their Fury Upon Theresa May
Amongst the dead was artist Khadija Saye, whose photography is now being exhibited at the Vienna Biennale. Officials said Friday they are doing everything they can to relocate those displaced by the tower.
France's Macron said the EU's door was still open for Britain as long as the negotiations were not finished, but that it would be hard to reverse course.
Prime Minister Theresa May and senior cabinet colleagues have previously refused to guarantee the right to remain to European Union nationals living in the UK.
"My clear view and I believe the view of the majority of people in Great Britain is we should be protecting jobs, protecting economic growth and protecting prosperity", Chancellor of the Exchequer Hammond said as he arrived for regular talks with his European Union counterparts in Luxembourg.
Asked about the possible formation of a cross party Brexit commission, he said: "I don't think that I should specify and I don't want to specify means by which we should involve everyone in our conversation but the House of Commons already has, as I say, a Brexit committee on which I served alongside Labour and Scottish Nationalist MPs and we produced reports, those reports were achieved by consensus".
A spokesman for his Department for Exiting the European Union said Britain had been "crystal clear" about its approach. Under the article, the process is to be concluded within two years from the withdrawal launch.
But after a generation of discord over Europe inside her party, May's future could depend on her ability to please both the eurosceptic and pro-European factions in her party.
Comments